S&P raises Greek debt up 6 notches to B–, thinks Greece can 'return to bond markets' by #2015; move 'barely relevant' tinyurl.com/cqbbaef— Asad Yawar (@Mediolana) December 19, 2012
Filed under Economics, Finance, Political Science, Politics
Tagged as debt upgrading, European Central Bank, eurozone crisis, Fitch, Greece, International Monetary Fund, Moody's, Public Debt Management Agency, rating agencies, Standard & Poor's
I think the 1% are rewarding Greek’s politicians for maintaining austerity and Eurozone membership against the interests of the Greek people. The S & P rating and empty promises will provide ammunition to those in Greece arguing for the status quo. It’s very sad.
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